Thursday 21 January 2016

China shares, yuan weaker at the break

The yuan was barely changed Thursday despite a weaker fixing by the People's Bank of China, trading around 6.5794 against the U.S. dollar compared with Wednesday's official close of 6.5796. The PBOC set the yuan fixing at 6.5585 compared with Wednesday's 6.5578. Shares fell in line with other stock markets. The Shanghai Composite Index was last down 0.36% to 2,966.05 after earlier falling 1.6% to 2,927.94. Hong Kong's Hang Seng Index was last up 1.13% to 19,100.26.

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